Lord_Ashdrake

Lord_Ashdrake

So basically this is a double chart, the finex bottom support line is at 350 and everyone was keeping on that line, however after the breakout to 340, I had to re-evaluate so I'm now looking at my secondary chart on okcoin and I noticed that the resistence line from before has turned into a support line so basically if it dumps, its gonna follow that line, which...

Lord_Ashdrake

Based on movements, if we break through the trendline and we get above the H&S neckline, we can at least go back to 475 else we are def going to be testing the H&S price OBJECTIVE at 365-370s

Lord_Ashdrake

We have those 2 resistance lines converging on the same point. With those we have the 200MA right at the same point also. If we break and FOMO we go moon, if we break but don't FOMO we will retest those 2 lines again in the future and then go moon

Lord_Ashdrake

Possible situations of what might happen in the next hours / 1-2 days 4 November 2014

Lord_Ashdrake

Based on the trend lines I think we might see a double bottom or a slanted double bottom